(India) -- The state of Madhya Pradesh, India, is unlikely to ever face a scarcity of cement as eighteen big names in Indian cement industry get geared up to set up twenty one new cement plants in the state.
The industrial groups that are likely to set up the cement plants in the state include Aditya Birla Group, Ambuja Cement, Dalmia Cement, Imami Cement and Essar Cements Ltd etc. The eighteen companies will together invest Rs 25726 crore for setting up the new cement plants. These cement plants will come up in the 9 district of Satna, Rewa, Panna, Damoh, Sagar, Dhar, Mandsaur, Katni and Jabalpur.
The new plants will provide employment opportunities to around 25 thousand people living in the region.
Ultratec Company of Aditya Birla Group will invest a total Rs 6 thousand crore to establish three cement plants in the two districts of Dhar and Satna. The Jayprakash Associates will invest Rs one thousand crore to set up one cement plant in Satna district and another cement plant in Sagar district with an investment of Rs 200 crore. The Visa Cement Ltd., and Bundelkhand Resources Pvt. Ltd., will set up one cement plant each in Rewa district.
Six more plants will be set up in Satna by Surya Global Cement Ltd with an investment of Rs 2690 crore., Essar Cements Ltd., with an investment of Rs 2100 crore, Dalmia Cement with an investment of Rs 2000 crore, Imami Cement with an investment of Rs one thousand 750 crore, A V Mines with an investment of Rs 301 crore, and Sainath Ventures Pvt. Ltd with an investment of Rs 300 crore.
The Sunflag Infrastructure will set up one cement plant with an investment of Rs 833 crore, Khajuraho Cement with an investment of Rs 430 crore, Response Merchant Pvt. Ltd with an investment of Rs 400 crore and M B Ispat Corporation with an investment of Rs 400 crore. R M G Super Conductors will invest Rs 1500 crore to set up cement plant in Katni district, Delbi Mining and Power Pvt Ltd will invest Rs 1230 crore to set up cement plant in Damoh district and Ambuja Cement will invest Rs 300 crore for setting up a cement plant in Mandsaur district. The Pioneer Cement Industries Ltd will invest Rs 1500 crore to set up a cement plant either in Jabalpur or in Panna district.
By: Rashmi Kalia (ARI-C NEWS)